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Published: Wed, 5 Nov 2008
Description: What an Obama Admin. means for business?
Automatically Generated Transcript (may not be 100% accurate)
" The prices on the segment is that we cannot have a brother -- all straight while mainstream stuff. Well a legendary investor Warren Buffett has been a vocal supporter of now president elect Barack Obama. And usually one Buffett speaks of the lessons we gathered a group of business executive Tiffany. If they are listening joining us is mark Murray the president of the superstore -- which operates 185. Stores. In five states -- apple is the president and CEO. Does not just pizza a family fund founded pizzeria which has grown to 176. Stores in six. States and he joins us but hotly contested battleground state of Ohio. And John captain TV he's the CEO of red apple group which has a variety of holdings of oil to grocery store it. Good morning everybody thank you so much for being here. Good morning let me start out with mark let me start with you want. Does and Obama presidential. Period administration mean. For your business is your supermarkets is super center."
" Well we're obviously believes they have the selection over and we -- present Obama all the successes. We need in the country what we need coming up in this transition period. -- continued loosening credit we're seeing. Jobs in come really struggling and retail derivative we've we succeed when the people around us are doing well. And what we need Syria's continued -- they have a credit markets. Getting people back to being able to buy cars and getting back to work. And in the long term growth issues I think you covered them well earlier brother's health care issues. There's energy issues the fundamental -- go look at a flat world as our skills are going compete and create jobs."
" Do you would you agree what year top priorities in terms of an Obama administration addressing your small business --"
" I would agree that thought that I think in addition to that as this can continue for us to grow. An offer employment and doing that through franchising and small business opportunity. Telling you on multiple businesses everything from the refining world cities of Michael yup we've seen just about everything that the planet. What is it about Obama's plan that you think speaks favorably or unfavorably to of his."
" Well I think once. Not be election itself and us as Americans we have to come together and support the president because we're -- But I think what the business leaders and -- that okay now that the election is over yet to define his presidency for -- true. What isn't really -- to what does -- do make everybody feel comfortable. I hope he doesn't make the same mistake that Newt Gingrich -- name book where he felt he had a mandate to go all the way through right. You might think he has a mandate to go all the way through left and I think. American people a modern people and and they want to stay someplace in the Santa. And the quicker he defines his programs. And makes business leaders comfortable. The betterment of."
" So is one of the first things what you want to see me be very good selection of some of those top cabinet members perhaps the Treasury Secretary -- The expectation is that he might need some of those announcement. As early as next couple weeks does that set the tone for an."
" I think. The economy is the most important thing and he does have to name it Treasury Secretary next week -- so. Just to make people comfortable. And the other positions so. He. The concern of many Americans that he will be tested because of concern."
" We'll take and its. You know I gentleman I I -- want to mention -- mark let me let me -- entitlement and women have mark let me go to you for. For this hearing -- things you mentioned you mentioned. Health care you mention the credit markets and -- in so many issues that you think are very important. And you find out if -- have to stack out a list of appliance of things that he needs to address right away to speak to the business community. What are the top two or three priorities in selecting -- chief executive officer."
" But I do think the the issue immediate issue is a country blues thing in the credit markets are. I was there we don't want to return to the days when we have. Completely loose credit. But we do have to get them. People be able to get consumer loans get back on on the business of regular purchases. That's critical for the short term the longer term issues are energy health care and of course long term as our skills -- compete world economy."
" You know -- it's interesting we're just here in The Wall Street Journal a lot of the conversations of existing around. What what happened attention Colin Powell who came out and endorsed Obama just several weeks ago. At him he's suggesting right now that hasn't been approached and if -- sort of suggested that he wouldn't be interested. But there are plenty of big names out there whether it says secretary of energy secretary of state secretary treasury. Who not only come from democratic. Background I come from a Republican background does that matter if you select somebody from the other side of the -- does that help. Move to the middle and help perhaps persuade the corporate community that this guy's willing to address both sides of the aisle."
" I think it's important immunity is yes that that we come together and regardless of the party we've been in business for 45 years then and business is cyclical. And it's important for us to continue to stay strong as a business and focus on issues at hand and a healthy economy is what is going to help all of us as we continue to. From broth and a pizza business really provide pizza to our consumers."
" and I imagine that rising commodity costs has been one of the issues that has hurt you just as much as -- hurt frankly so many businesses in this country how you want. Obama to address that in what can do to address what we've seen in this country and energy prices."
" Well I think some of the things that he talked about it on and that credits for innovation. Times like this I think it's wonderful that for businesses that take a look at the fundamentals. That continue to innovate the way that they provide products for the consumers. To provide value for our consumers so I think what it does for all of us is make it take a look at our business how we operate today. Figured -- fundamentals are principles what we were founded on ending continue to do business so that we can unify. Really well proud to be Americans so that we can continue to unify and work towards the coming that a bomb."
" John what's his first -- test. Name is Treasury Secretary and stabilize icann's. Plugged into I think I had been here that president -- him. A name that's. That's bubbling up around wealthy are well John mark and Jane thank you guys so much for being here this morning great places before."
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